UBS admits fraud in $1.5 billion Libor rigging deal – Reuters
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UBS admits fraud in $ 1.5 billion Libor rigging deal
Reuters By Katharina Bart and Tom Miles. ZURICH | Wed Dec 19, 2012 2:34am EST. ZURICH (Reuters) – Swiss bank UBS was hit with a $ 1.5 billion fine on Wednesday, admitting to fraud, paying bribes to brokers and "pervasive" manipulation of global benchmark … UBS pays $ 1.5 billion to settle Libor claims UBS to pay SFr1.4bn in Libor settlement As Unit Pleads Guilty, UBS Pays $ 1.5 Billion Over Rate Rigging |
